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(a) The liabilities of Sheridan Company are $130,000 and the owner's equity is $226,000. What is the amount of Sheridan Company's total assets? Total assets (b) The total assets of Sheridan Company are $ 193,000 and its owner's equity is $98,000. What is the amount of its total liabilities? Total liabilities (c) The total assets of Sheridan Company are $214.000 and its liabilities are equal to one-half of its total assets. What is the amount of Sheridan Company's owner's equity? $ Owner's equity